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emmainna [20.7K]
3 years ago
13

What does the amount of the markup or markdown represent in the percent equation

Mathematics
2 answers:
kicyunya [14]3 years ago
5 0

Answer:

How much the price increased (Mark up) or decreased (Mark down).

Step-by-step explanation:

Firdavs [7]3 years ago
3 0
MARKUP IS HOW MUCH TO INCREASE MARKDOWN IS HOW MUCH TO DECREASE PRICES
markup is the amount of increase in a price
Example : the selling price is the original price plus the markup or minus the markdown
markup is a rate where the percent increases in price and markdown (discount rate) is the decrease in price
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Katyanochek1 [597]

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